NEW YORK--(BUSINESS WIRE)--Today, FanDuel, one of the world’s leading fantasy sports companies, announced two contests to give fans an opportunity to win Bitcoin while playing fantasy football. This is the first time a sports tech company has awarded a cryptocurrency in a consumer promotion.
Beginning Week 1 of the NFL Playoffs, FanDuel will host a free, single entry contest - The Bitcoin Bowl Free Play - that will offer one user the chance to win one (1) Bitcoin. FanDuel will also offer the Bitcoin Bowl Tournament - a multi-entry, $3 entry fee tournament that will feature a tiered payout with first place securing two (2) Bitcoins, second place receiving a half (.5) Bitcoin and third and fourth place will receive a quarter (.25) Bitcoin.
“FanDuel has always sought to deliver the most unique and rewarding experiences or prizes to our users,” said FanDuel CFO Andy Giancamilli. “In awarding Bitcoin, we’re recognizing that most of our users are early adopters of technology and have a significant interest in cryptocurrency. Our fans love the prizing aspect of playing on our site and we think this will be a reward that they truly appreciate.”
New and current FanDuel users will need to enter and pick their lineup by the start of the first NFL playoff game on Saturday, January 6. The contests follow FanDuel’s standard rules and scoring on all four weekend NFL playoff games.
For more details on the Bitcoin Bowl click on: https://www.fanduel.com/bitcoin-bowl.
Founded in 2009, FanDuel has redefined fantasy sports in pursuit of its mission of making sports more exciting. FanDuel offers a multitude of one-day, weekly and season-long game options for NFL, NBA, MLB, NHL, Golf, WNBA, and the EPL, with new public and private leagues forming daily, ranging in size from two to thousands of players. The Official Partner of the NBA, FanDuel drives fan engagement, hosting numerous live events and creating once-in- a-lifetime experiences for sports fans throughout the year. FanDuel is based in New York City with offices in Los Angeles, Orlando, Edinburgh, and Glasgow. FanDuel has raised funding from KKR, Google Capital, Time Warner/Turner Sports, Shamrock Capital, NBC Sports Ventures, Comcast Ventures, Pentech Ventures, Piton Capital and Bullpen Capital.